$FONT release schedule and emission rate.
Published in
2 min readMar 2, 2021
This article trying to explain detail about FONT emission rate and release schedule.
Token Distribution:
Font mining:
Known releases
Unknown Releases
- 10% of total supply reserved for VC/Institutional investment. We planned anytime after 6 months from uniswap listing. They bring different value to FONT, like top tier exchange listings, High volume NFT sales, main stream media coverage, etc.
- 6% of future reserve will be decide 6 years later and locked for 6 years.
- 2% will be locked in Uniswap (or similar DEX like Sushi) after private sale.
- Font mining don’t have fixed emission but we plan to use if for 6 years. Read more about font mining here. Font mining will start emit after 3rd month from uniswap listing.
Locks and misc.
- Uniswap LP is locked in Unicrypt for 1 year.
- 82.25% of total supply is locked here for 3 months. This is temporary, We will move this to respective multi-sign wallets, Locks and DAO after 3 months.
- We will create transparent portal for font mining distribution.
- We will lock remaining unlocked tokens to respective release date.
- Airdrop yet to distributed, we will do soon. More than 5000 addresses share 10,000 Fonts. We will update it soon.
- Though 15% of seed eligible for release, we are yet to distribute the seed. This address holds the 45% of seed and 10,000 FONT for airdrop which will be distributed in respective dates.
FAQ:
Here we will update all the FAQs related to FONT release schedule and distributions.